hkxtor

Chint Electric: The only domestic domestic enterprise with a sales scale of over 10 billion yuan in the low-voltage electrical market, with a market share of about 20%. The performance in the first quarter of this year greatly exceeded expectations, with a net profit of 1.202 billion yuan, a year-on-year increase of 109.78% ¹, and a basic earnings per share of 0.56 yuan, a year-on-year increase of 107.41% ². The main reason for the performance growth is the significant increase in the company's new energy business, with revenue growth of 54.91%, accounting for 38.8% of total revenue ³. With the resonance of technology and performance, the company's stock price has continued to rise recently, reaching a new historical high. As a leading enterprise in the low-voltage electrical industry, Chint Electric seizes the new opportunities of global energy transformation, deeply integrates into the global new energy industry chain, and builds a new ecosystem of integrated development of the "generation, storage, transmission, transformation, distribution, sale, and use" of electricity ⁴. The company also plans to spin off its subsidiary, Chint Aneng Digital Energy (Zhejiang) Co., Ltd., for listing on the main board of the Shanghai Stock Exchange ⁵, further enhancing the company's market competitiveness and brand influence.